Precision Drilling (PDS) Change in Working Capital (2009 - 2026)

Precision Drilling (PDS) reported Change in Working Capital of $151.7 million for Q1 2026, up 13.28% quarter-over-quarter from $134.0 million in Q4 2025.

Precision Drilling (PDS) Change in Working Capital (2009 - 2026) Analysis & Trends

Precision Drilling has reported Change in Working Capital for 18 years, with the latest figure at $151.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Working Capital changed N/A year-over-year to $151.7 million; the trailing twelve-month figure through Mar 2026 stood at $151.7 million (changed N/A YoY), and the FY2025 full-year result was $133.7 million, up 12.59% from the prior year.
  • Change in Working Capital for Q1 2026 stood at $151.7 million, up from $134.0 million in the prior quarter.
  • The five-year high for Change in Working Capital was $184.1 million in Q1 2023, with the low at $2.7 million in Q2 2025.
  • Historically, Change in Working Capital has averaged $109.8 million across 5 years, with a median of $116.6 million in 2022.
  • Annual changes were most pronounced in 2023 — Change in Working Capital surged 125.04% — and 2025, when it slumped 97.71%.
  • Precision Drilling's Change in Working Capital stood at $44.7 million in 2022, then surged by 125.04% to $100.5 million in 2023, then climbed by 15.77% to $116.4 million in 2024, then increased by 15.1% to $134.0 million in 2025, then grew by 13.28% to $151.7 million in 2026.
  • The last three Change in Working Capital figures came in at $151.7 million (Q1 2026), $134.0 million (Q4 2025), and $2.7 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Working Capital (Qtr)
1 Precision Drilling 156.90 Bn 156.84 Bn 120.82 Mn 151.75 Mn
2 Noble 7.48 Bn 6.81 Bn 755.58 Mn -
3 Transocean 6.71 Bn 6.09 Bn 475.00 Mn -
4 Patterson Uti Energy 4.36 Bn 4.03 Bn 535.85 Mn -
5 Helmerich & Payne 3.92 Bn 3.82 Bn 907.56 Mn -
6 Seadrill 2.75 Bn 2.42 Bn 177.00 Mn -
7 Sable Offshore 1.56 Bn 1.51 Bn -66.76 Mn -
8 Nabors Industries 1.45 Bn 1.33 Bn 290.08 Mn -
9 Borr Drilling 1.40 Bn 1.16 Bn - -
10 Valaris 492.40 Mn -85.40 Mn 92.00 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 151.75 Mn
Mar 31, 2026 151.75 Mn
Dec 31, 2025 133.96 Mn
Dec 31, 2025 133.96 Mn
Jun 30, 2025 2.66 Mn
Jun 30, 2025 2.66 Mn
Dec 31, 2024 116.39 Mn
Dec 31, 2024 116.39 Mn
Sep 30, 2024 122.03 Mn
Sep 30, 2024 122.03 Mn
Jun 30, 2024 115.86 Mn
Jun 30, 2024 115.86 Mn
Dec 31, 2023 100.54 Mn
Dec 31, 2023 100.54 Mn
Sep 30, 2023 132.58 Mn
Sep 30, 2023 132.58 Mn
Jun 30, 2023 100.38 Mn
Jun 30, 2023 100.38 Mn
Mar 31, 2023 184.07 Mn
Mar 31, 2023 184.07 Mn